According to Wu's report and the official announcement, Tether has announced that it will stop supporting the Euro stablecoin EUR₮, and stated that it has not accepted new EUR₮ issuance requests since processing the last minting request in 2022. Holders must complete redemptions by November 27, 2025. Tether stated that this decision is based on the evolution of the regulatory framework for stablecoins in the European market. The company will shift its focus to new businesses, including supporting Quantoz Payments in issuing EURQ and USDQ stablecoins that comply with MiCAR regulations. These stablecoins will be supported by Tether's newly launched Hadron technology platform.